Goldpetrol re-enters Burmese wells
18 January 2011

Singapore-listed Interra Resources said its 60% owned subsidiary Goldpetrol Joint Operating Company had re-entered wells at the Yenangyaung and Chauk fields in Burma and re-completed them as oil producers.

At the Yenangyaung field Goldpetrol re-entered and completed the YNG-2459 well last month which flowed at a rate of 22 barrels of oil per day. The well was drilled in 1931, but was shut-in with the onset of the Second World War.

At the Chauk field the Chauk-950 well, which produced over 206,000 barrels of oil between 1956 and 1982, was re-entered and placed on pump producing a stable flow of 32 bpd.

Interra added Goldpetrol re-entered and re-completed several wells last year that contributed about 90 bpd towards total production in Burma.